secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001650372-23-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlassian Q1 FY24 revenue $978M (+21% YoY); non-GAAP EPS $0.65
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- Revenue $978M (+21%), subscription rev $852M (+31%). GAAP EPS -$0.12; non-GAAP EPS $0.65.
- Non-GAAP operating margin 23% vs 18% YoY; free cash flow $163M (17% margin), up 115% YoY.
- Cloud revenue +27% YoY; customers with >$10K Cloud ARR: 40,103 (+18% YoY).
- Definitive agreement to acquire Loom (asynchronous video); also added AirTrack. No deal values disclosed.
- CRO Cameron Deatsch leaving; hired CMO Zeynep Ozdemir, promoted Kevin Egan to CSO, added Vikram Rao as Chief Trust Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000058/0001650372-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000058/team-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001650372-23-000058

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